NetApp NTAP Product — Cost of Goods Sold

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Questions, answered.

What is NetApp's product — cost of goods sold?

NetApp (NTAP) reported product — cost of goods sold of $425M in Q1 2026.

How has NetApp's product — cost of goods sold changed year-over-year?

NetApp's product — cost of goods sold increased by 12.4% year-over-year, from $378M to $425M.

What is the long-term trend for NetApp's product — cost of goods sold?

Over 4 years (2022 to 2026), NetApp's product — cost of goods sold has grown at a -2.6% compound annual growth rate (CAGR), from $1.55B to $1.4B.

What does product — cost of goods sold mean?

This metric captures the total direct costs associated with producing and delivering the hardware and integrated software products sold by the segment. It includes expenses such as raw materials, manufacturing labor, freight, and direct overhead required to bring the product to the customer. It is a fundamental measure of the direct cost efficiency of the company's manufacturing and supply chain operations.